scholarly journals Using Investment Data to Assess the Importance of Price Mismeasurement

2006 ◽  
Vol 6 (1) ◽  
pp. 1-42
Author(s):  
Diego A Comin
Keyword(s):  
Production Function ◽  
Productivity Growth ◽  
Investment Decision ◽  
New Approach ◽  
Output Price ◽  
Productivity Slowdown ◽  
Post War ◽  
Douglas Production Function

This paper presents a new approach to assess the role of price mismeasurement in the productivity slowdown. I invert the firm’s investment decision to identify the embodied and disembodied components of productivity growth. With a Cobb-Douglas production function, output price mismeasurement only should affect the latter. Contrary to the mismeasurement hypothesis, I find that in the Post-War period, disembodied productivity grew faster in the hard-to-measure than in the non-manufacturing easy-to-measure sectors, and that disembodied productivity slowed down less in the hard-to-measure than in the easy-to-measure sectors since the 70’s. These results hold a fortiori when capital and labor are complements.

scholarly journals DETERMINAN PRODUKSI DAN KEUNTUNGAN USAHATANI CABAI MERAH BESAR DI KECAMATAN WAY SULAN KABUPATEN LAMPUNG SELATAN

2021 ◽  
Vol 9 (2) ◽  
pp. 33
Author(s):  
Evita Natasya Hutapea ◽  
Bustanul Arifin ◽  
Zainal Abidin
Keyword(s):  
Production Function ◽  
Random Sampling ◽  
Sampling Method ◽  
Simple Random Sampling ◽  
Survey Method ◽  
Profit Function ◽  
Output Price ◽  
Npk Fertilizer ◽  
Land Size ◽  
Douglas Production Function

This research aims to analyze the factors that influence productivity and the profitability of large red chili farming in Way Sulan District. This research used a survey method and was carried out in Way Sulan Subdistrict, South Lampung Regency in March - April 2019. The 56 respondents were selected using a simple random sampling method. The first objective was analyzed using the Cobb-Douglas production function with variables namely NPK fertilizer, SP36 fertilizer, insecticide, fungicide, herbicide, labor, and seed on the productivity of large red chilli farming. The second objective was analyzed by the analysis using the UOP or Cobb-Douglas profit function, which is a derivative of the production function but normalized by the output price. The study suggests that the productivity of large red chili farming was determined by NPK fertilizer, SP36 fertilizer, fungicide, labor which can increase the productivity. The second result suggests that the profit function of large red chili farming is influenced by land size, NPK fertilizer price, and labor wages that are normalized with output prices significantly and can increase the profit of large red chili production.Key words: production, profit, red chili

scholarly journals Financial Frictions and the Great Productivity Slowdown

2019 ◽  
Vol 33 (2) ◽  
pp. 475-503 ◽  
Author(s):  
Romain Duval ◽  
Gee Hee Hong ◽  
Yannick Timmer
Keyword(s):  
Productivity Growth ◽  
Global Financial Crisis ◽  
Financial Frictions ◽  
Firm Level ◽  
Balance Sheets ◽  
Productivity Slowdown ◽  
Innovation Activities ◽  
Level Data ◽  
Great Productivity

Abstract We study the role of financial frictions for productivity. Using a rich cross-country firm-level data, we exploit variation in preexisting exposure to the 2008 global financial crisis to study the post-crisis productivity slowdown. Firms with weaker precrisis balance sheets experienced a highly persistent decline in post-crisis total factor productivity growth relative to their less vulnerable counterparts, accounting for about one-third of the within-firm productivity slowdown. This decline was larger for firms that faced a more severe tightening of credit conditions. Financially fragile firms cut back on innovation activities, one channel through which financial frictions weakened post-crisis productivity growth.

scholarly journals Peranan Teknologi Dalam Pertumbuhan Sektor Transportasi Dan Komunikasi Di Indonesia : 1977-2007

2010 ◽  
Vol 22 (2) ◽  
pp. 175-188
Author(s):  
Alkadri Alkadri
Keyword(s):  
Economic Development ◽  
Production Function ◽  
Calculation Method ◽  
Technological Progress ◽  
Value Added ◽  
Growth Accounting ◽  
Communication Sector ◽  
Douglas Production Function

Application of technologtj in economic development of a nation spread across various eronomic sectors,including transportation and communication sector. In Indonesia, the progress achieved bytransportation and communication sector-especially in terms of value added grawth- over the lastthree decades can not be separated from the role of technological progress in this sector. By using t.otalfactor productivihj (TFP) approach as a indicator for the role of technological progress, this papertries to calculate and analyze how much the role of technological progress in the grawth of transportationand communication sector. Calculation method used is growth accounting method whichapplied to the Cobb-Douglas production function. The calculations shaw that during the period1977-2007 transportation and communication sector achieved grawth rate m;erage 7.77% per year,where 2.29% of which came from the contribution of technological progress (TFPG). The role of thistechnology is greater than the role of labor grawth (1.85%), but slightly belaw the role of capitalgrowth (3.63%). These results imply that the development of technology in transportation andcommunication sector must be increased again in the coming years in order t.o encourage the growthof transportation and communication sect.or higher.Keywords : Tecknologi, Transportataion and Komunication, Total Factor ProductivihJ

scholarly journals The future of productivity

2018 ◽  
Vol 14 (3) ◽  
Author(s):  
Dirk Pilat ◽  
Chiara Criscuolo
Keyword(s):  
Productivity Growth ◽  
Digital Technologies ◽  
Digital Transformation ◽  
Structural Factors ◽  
Productivity Slowdown ◽  
The Future ◽  
The Relationship

This article summarises emerging evidence on the relationship between productivity and the digital transformation, based on work underway in the OECD’s Going Digital project. The article starts by discussing the relationship between the global productivity slowdown and the diffusion of digital technologies and related processes across firms and industries. It then outlines the role of structural factors in digital adoption, before concluding with a brief discussion on policies to strengthen future productivity growth.

Сobb-Douglas Production Function: Myth and Reality

2014 ◽  
Vol 3 (4) ◽  
pp. 54-60
Author(s):  
Юсим ◽  
Vyacheslav Yusim ◽  
Прокопьев ◽  
Aleksandr Prokopev
Keyword(s):  
Economic Growth ◽  
Economic Development ◽  
Production Function ◽  
Economic Systems ◽  
Technological Factors ◽  
Definition Of ◽  
Impact Of Technology ◽  
The Impact ◽  
Douglas Production Function

The article considers the problem of assessing the impact of technology on the dynamics of economic development and critically evaluates the best-known production function — the Cobb-Douglas function, which is the basis of many models seeking to explain the sources of economic growth. Meanwhile the provision is argued that the methodological solution to this problem exists and reveals the essence of the author’s approaches to the definition of the role of technological factors in the development of economic systems.

APPLICATION OF A COBB – DOUGLAS MODEL WITH A THREE-FACTOR PRODUCTION FUNCTION FOR THE ANALYSIS OF THE DEVELOPMENT OF THE REGIONS OF THE VOLGA FEDERAL DISTRICT

2020 ◽  
Vol 2 (12) ◽  
pp. 12-16
Author(s):  
M. Yu. OSIPOVA ◽  
◽  
N. L. BUSHUEVA ◽  
Keyword(s):  
Economic Policy ◽  
Regional Development ◽  
Production Function ◽  
Resource Dependence ◽  
Mining Industry ◽  
Federal District ◽  
Economic Indicators ◽  
Three Factor ◽  
Douglas Production Function

The paper considers the role of the mining industry in the development of the regions of the Volga Federal District. The methodological tools involve the inclusion of key socio-economic indicators of regional development for the construction of a three – factor Cobb-Douglas production function. The results of calculations showed that the regions of the district are characterized by resource dependence, which requires a diversified economic policy.

The role of affective reactions on investment decision-making

2007 ◽  
Author(s):  
Enrico Rubaltelli ◽  
Giacomo Pasini ◽  
Rino Rumiati ◽  
Paul Slovic
Keyword(s):  
Decision Making ◽  
Investment Decision ◽  
Affective Reactions ◽  
Investment Decision Making

Short Films from a Small Nation

2018 ◽  
Author(s):  
C. Claire Thomson
Keyword(s):  
Public Information ◽  
Industrial Process ◽  
Actor Network Theory ◽  
Documentary Films ◽  
Wide Range ◽  
Short Films ◽  
Post War ◽  
The 1960S ◽  
Art And Architecture

The first book-length study in English of a national corpus of state-sponsored informational film, this book traces how Danish shorts on topics including social welfare, industry, art and architecture were commissioned, funded, produced and reviewed from the inter-war period to the 1960s. For three decades, state-sponsored short filmmaking educated Danish citizens, promoted Denmark to the world, and shaped the careers of renowned directors like Carl Th. Dreyer. Examining the life cycle of a representative selection of films, and discussing their preservation and mediation in the digital age, this book presents a detailed case study of how informational cinema is shaped by, and indeed shapes, its cultural, political and technological contexts.The book combines close textual analysis of a broad range of films with detailed accounts of their commissioning, production, distribution and reception in Denmark and abroad, drawing on Actor-Network Theory to emphasise the role of a wide range of entities in these processes. It considers a broad range of genres and sub-genres, including industrial process films, public information films, art films, the city symphony, the essay film, and many more. It also maps international networks of informational and documentary films in the post-war period, and explores the role of informational film in Danish cultural and political history.

Significance of Experience, Farm Size, Quantity of Propagules and Location f or Seaweed Farmers in the Divided Island of Sebatik

2018 ◽  
Vol 9 (9) ◽  
pp. 825-832
Author(s):  
James M. Alin ◽  
◽  
Datu Razali Datu Eranza ◽  
Arsiah Bahron ◽  
◽  
...  
Keyword(s):  
Regression Analysis ◽  
Multiple Regression Analysis ◽  
Multiple Regression ◽  
Production Function ◽  
Weather Conditions ◽  
Education Level ◽  
Farm Size ◽  
Total Production ◽  
Explanatory Factors ◽  
Douglas Production Function

Seaweed-Kappaphycus-Euchema Cottonii and Denticulum species was first cultivated at Sabah side of Sebatik in 2009. By November 2014, sixty one Sabahan seaweed farmers cultivated 122 ha or 3,050 long lines. Thirty Sabahan seaweed farmers in Kampung Pendekar (3.2 m.t dried) and 31 in Burst Point (12.5 m.t dried) produced 16 metric tonnes of dried seaweed contributed 31% to Tawau’s total production (51 m.t). The remaining 69% were from farmers in Cowie Bay that separates Sebatik from municipality of Tawau. Indonesian in Desa Setabu, Sebatik started in 2008. However, the number of Indonesian seaweed farmers, their cultivated areas and production (as well as quality) in Sebatik increased many times higher and faster than the Sabah side of Sebatik. In 2009 more than 1,401 households in Kabupaten Nunukan (including Sebatik) cultivated over 700 ha and have produced 55,098.95 and 116, 73 m.t dried seaweed in 2010 and 2011 respectively. There is a divergence in productions from farming the sea off the same island under similar weather conditions. Which of the eight explanatory factors were affecting production of seaweeds in Sebatik? Using Cobb Douglas production function, Multiple Regression analysis was conducted on 100 samples (50 Sabahan and 50 Indonesian). Results; Variable significant at α = 0.05% are Experience in farming whereas Farm size; Quantity of propagules and Location — Dummy are the variables significant at α 0.01%. Not significant are variables Fuel; Age; Number of family members involved in farming and Education level.

Efficient Cobb-Douglas Production Function

2019 ◽  
Vol 1 (1) ◽  
pp. 16-23
Author(s):  
Farhad Savabi ◽  
Keyword(s):  
Production Function ◽  
Douglas Production Function
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